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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Detroit, MI
Listed for sale 2 days ago
$ 133,770
ROI
23.4
Cash Flow/m
134- 3 Bed
- 2 Bath
- 1273 sft
10327 Kramer St, Detroit, MI, 48204
Listed for sale 2 days ago
$ 229,900
ROI
25.3Cash Flow/m
354- 3 Bed
- 2 Bath
- 1548 sft
14513 Artesian St, Detroit, MI, 48223
Listed for sale 2 days ago
$ 100,000
ROI
24.9Cash Flow/m
142- 4 Bed
- 2 Bath
- 825 sft
14297 Wisconsin St, Detroit, MI, 48238
Fix & Flip
Listed for sale 2 days ago
$ 139,999
ROI
23.6Cash Flow/m
149- 3 Bed
- 2 Bath
- 1520 sft
15111 Freeland St, Detroit, MI, 48227
Why Invest in Detroit, Michigan?
Detroit properties under $300k offer strong entry points for investors seeking high cash flow opportunities. The city's revitalization drives solid rental demand with average rents around $1,200 monthly. Cap rates hover at 8-10% while appreciation reaches 5% annually in key neighborhoods. Renter occupancy exceeds 70%, supported by job growth in automotive and tech sectors. Low acquisition costs enable quick scaling of portfolios with reliable ROI.
12%
Avg. ROI
9.5%
Rental Yield
9.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5.1%
1Y Appreciation
Frequently Asked Questions
Low entry prices combined with high rental yields around 9% create strong cash flow. Revitalization efforts boost appreciation at 5% yearly. Renter demand remains robust due to job growth in key sectors.
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